Categorized | Business, Energy

Average gas prices in Hawaii rise 2.9 cents per gallon the past week

MEDIA RELEASE

(October 28, 2019) – Hawaii gas prices have risen 2.9 cents per gallon in the past week, averaging $3.85/g today, according to GasBuddy’s daily survey of 355 stations. Gas prices in Hawaii are 6.5 cents per gallon lower than a month ago, yet stand 19.8 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Hawaii is priced at $3.09/g today while the most expensive is $4.31/g, a difference of $1.22/g. The lowest price in the state today is $3.09/g while the highest is $4.31/g, a difference of $1.22/g. The cheapest price in the entire country today stands at $1.75/g while the most expensive is $5.49/g, a difference of $3.74/g.

The national average price of gasoline has fallen 5.1 cents per gallon in the last week, averaging $2.58/g today. The national average is down 6.3 cents per gallon from a month ago, yet stands 22.4 cents per gallon lower than a year ago.

Historical gasoline prices in Hawaii and the national average going back a decade:
October 28, 2018: $4.04/g (U.S. Average: $2.81/g)
October 28, 2017: $3.45/g (U.S. Average: $2.46/g)
October 28, 2016: $2.91/g (U.S. Average: $2.21/g)
October 28, 2015: $2.90/g (U.S. Average: $2.19/g)
October 28, 2014: $4.05/g (U.S. Average: $3.02/g)
October 28, 2013: $4.10/g (U.S. Average: $3.27/g)
October 28, 2012: $4.34/g (U.S. Average: $3.54/g)
October 28, 2011: $4.19/g (U.S. Average: $3.44/g)
October 28, 2010: $3.50/g (U.S. Average: $2.79/g)
October 28, 2009: $3.27/g (U.S. Average: $2.67/g)
 
Neighboring areas and their current gas prices:
Alaska- $3.14/g, up 10.2 cents per gallon from last week’s $3.04/g.
Anchorage- $3.07/g, up 7.3 cents per gallon from last week’s $2.99/g.
Honolulu- $3.53/g, up 1.1 cents per gallon from last week’s $3.51/g.

“The air is getting crisp, the leaves falling, and for the third straight week the national average price of gasoline has too, ” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Most states saw notable declines, while California and the Great Lakes states saw the largest dips. Solidly in the rear view are California’s previous refinery issues that caused prices to soar, but now a new problem- filling up with the cheaper gasoline as power outages have cut access to hundreds of stations across the state. GasBuddy has again activated its emergency tracker for California, and this event is unlikely to impact gas prices, so long as refineries don’t lose power. Across the rest of the country, the Great Lakes states saw prices fall far faster than wholesale prices, and a correction is likely in the region. With that exception, the nation should see a fourth straight week of decline with over three-quarters of stations passing along lower prices in the coming week.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’s once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at FuelInsights.GasBuddy.com.

For Hawaii Island gas prices and trends visit — www.hawaii247.com/gas

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